Halted again. I'm calling BS on this being some algorithm that magically only kicks in on recovery.
Quote:
So I'm far from one you should seek advice from BUT buying protective puts over and over would get really expensive over time IMO.
Currently looking at a 1000/1200 January credit spread as a compromise similar to what you're talking about. What do you think of that setup?Quote:
I wonder if you could sell covered calls, 40 days out, and significantly OTM.......should the price get close to exercise or ITM you could always buy them back and you'll likely pay less to do so than you would on a protective put.
The premium you accumulate (and theta decay you capture) over time would also soften the burden of the occasional ITM covered call you have to buy back.
Very good point on Ex-Div. Will have to note those dates for future reference.Quote:
I know people fear early exercise but this is rare except around the time of Ex-Div so be aware of those timelines.
CC09LawAg said:
Halted again. I'm calling BS on this being some algorithm that magically only kicks in on recovery.
Brewmaster said:he probably sold covered calls yesterday before close - and made a killing. (credit to my buddy AgShaun)GreasenUSA said:
Edit: Mean to reply to Definitely Not a CopQuote:
If DFV keeps converting all of his options to shares like its rumored he did last time, could he own a majority stakeholder position eventually?
According to his screenshot yesterday, his current holding of 5 million shares + (120,000 call contracts, 6/21 expiration), could allow him to hold 17 million shares by the end of the month.
bmoochie said:CC09LawAg said:
Halted again. I'm calling BS on this being some algorithm that magically only kicks in on recovery.
Agree with this. Any slight pop and they halt it. It's definitely being manipulated right before our very eyes.
You have to think this will only embolden people and piss them off more. We shall see.bmoochie said:CC09LawAg said:
Halted again. I'm calling BS on this being some algorithm that magically only kicks in on recovery.
Agree with this. Any slight pop and they halt it. It's definitely being manipulated right before our very eyes.
Get the heck outta here with your facts and all. It's a conspiracy, I tell ya.GreasenUSA said:bmoochie said:CC09LawAg said:
Halted again. I'm calling BS on this being some algorithm that magically only kicks in on recovery.
Agree with this. Any slight pop and they halt it. It's definitely being manipulated right before our very eyes.
https://www.nasdaqtrader.com/trader.aspx?id=TradeHalts
This is the official trading halt tracking site if you want to keep up. It has reason codes. I always thought the threshold for a downside volatility halt was 5% in 5 minutes, but who knows.
Talon2DSO said:
I'm YOLOing GME. In for 50 shares at $37.42.